Rongyu Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 16.635 million compared to CNY 8.583 million a year ago. Operating loss was CNY 3.374 million compared to CNY 871,375.93 a year ago. Net loss was CNY 3.191 million compared to CNY 1.363 million a year ago. Basic loss per share from continuing operations was CNY 0.0038 compared to CNY 0.0016 a year ago.